Painter and Decorator. LBT Paint. MD/CEO Luka Brothers Trade Ltd. A believer and Passionate Nigerian. Enjoyment Officer. A beneficiary of God's mercy/Grace
Dear Nigerians,
For many years, Nigeria has possessed some of the most promising deep offshore oil and gas resources in the world, yet several major developments have remained stalled. Oil lies beneath our waters. We have the engineers, businesses and young people capable of doing increasingly sophisticated work in the sector. What has often been missing is the certainty required for investors to commit billions of dollars, over many years, at the scale needed to turn that potential into production, jobs and opportunity for Nigerians.
We cannot afford to leave that opportunity beneath our waters for another decade.
I have therefore signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026, to provide clear and predictable terms for a new generation of deep offshore investment in Nigeria.
The framework has the potential to unlock up to $50 billion in investment, beginning with the approximately $10 billion Bonga South West project. For existing deep offshore leases, there is a clear window to reach Final Investment Decision by 31 December 2029 and receive the full standard incentive available under the Order.
There is urgency to this work. Capital moves, and countries compete for it every day. The countries that attract long-term investment are not necessarily those with the greatest natural resources. They are the ones that provide the greatest certainty.
Nigeria must be one of those countries.
This Order marks the tenth major policy directive of my administration targeted specifically at the oil and gas sector. Each has dealt with a constraint holding back investment, production or value creation. Taken together, they represent a deliberate effort to make our oil and gas industry more competitive, attract capital back to Nigeria and ensure that more of the value created from our resources remains here at home.
But attracting investment is only half of my purpose.
I want the work that comes with these projects to come home to Nigeria. I want our engineers involved, our fabrication yards working, our marine and technical service companies securing contracts, and our young people acquiring skills that will remain valuable long after the first barrel is produced.
The Order reflects this priority. For projects accessing its supplementary incentives, activities are to be performed in Nigeria, subject to clearly defined exceptions and Nigerian Content requirements.
My ambition is that we use this new investment cycle to build Nigeria into Africa’s regional hub for deep offshore project execution. We should not only possess the resources. We should increasingly possess the skills, businesses and industrial capacity required to develop them.
When I engaged the Chief Executive Officer of Shell plc, Mr Wael Sawan, I directed my team to look beyond a solution for one company or one project. We needed a framework that could unlock a wider pipeline of investment while protecting Nigeria’s long-term interests.
That framework is now in place.
Ultimately, I will judge its success by what Nigerians see from it in terms of good jobs, stronger Nigerian businesses, greater production, increased revenues for the Federation and new capabilities built here at home.
Our natural resources must work harder for our people.
That is the purpose of this decision, and we will pursue it with urgency.
Nigeria First.
Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief of the Armed Forces
Federal Republic of Nigeria
Asiwaju of all nations,Omo Olo Ide,Akanbi,I believe you! We will return in January to do the needful. Biko @officialABAT tell David Umahi to stop insulting those of us frm Edo and Delta States.He has practically abandoned the Benin Asaba road. No contractor on site @fccpcnigeria
Welcome to Class.
Course Title: Tinubunomics 402 - Total Financial Autonomy of a Subnational - Lagos As A Case Study.
Topic - Fiscal Federalism aka How To Efficiently and Effectively Run A Government With No Money from Abuja.
Lecturer - Professor Emeritus Bola Tinubu.
@DeleMomodu What a joke! I hardly listen to you anyway! You mean that that haphazardly built road in Ede qualifies Ade Dancer as "infrastructure wizard"? This is pure hustling. You're misleading your followers and it is a shame
Something good has finally come out of Nigeria!
Now you can learn those Coursera courses you've been yearning for and guess what? It’s completely FREE!
The Federal Government, through the Digital Training Academy, is providing 36,000 free learning licences for Nigerians to access digital skills training on platforms including Coursera and Pluralsight.
You can learn skills like:
• AI • Software Development • NLP • Quantum Computing • And more.
No announced deadline yet, so don't wait until the slots are gone.
Apply here: https://t.co/IzPFUykDKY
Go and learn something that can actually add money to your name.
@Justice_Crack But Tanko from the North is campaigning for Peter Obi! This is a Party affair, members are usually committed to their Party. Datti campaigned for Peter Obi. Kano people are already campaigning for him again. Finny guys
@Only1stitches@Dee_9889 It has nothing to do with APC. you're just being dishonest. This is the same way uber drivers are charging people more than the stipulated amount on the App. The same way people frame one shop and call it boutique..selling 4for 100RMB T-shirts N45,000 each. We're a gready people
@AngelMyikL@General_Somto You're a thief like the driver. If we check now,You're one of those looking for "non existent new Nigeria ". This is how you and your co-thieves frustrate passengers at the Airport and disgrace yourselves
This is not good! What has this promising little boy done wrong? If we're all working hard to put our children on sound footing then,why should this boy be treated this way because of his father's wealth? Shouldn't he dare to pursue his dream? This boy is good and talented biko!
@woye1@mreifng This is real. I was there two weeks ago. I also met another Real Estate company at Idera SCHEME 2 at Eleko who benefitted from the N500billion rolled out for the FG mortgage,not Tinubu.Guess what!The girl wey dey market me for the company hate Tinubu,na Obidient. I lectured her
@officialABAT While he was building 2nd Niger Bridge and other infrastructures. You're in position to tell your people the truth. Add your voice to that of Prof Soludo and David Umahi.
Give it to president Tinubu @officialABAT . Mention his name, do not be afraid of the mob. This man has practically transformed South Eastern Roads without much noise. However, your people have shown him more hatred than anyone else. This was the same way Igbos treated Buhari
Leaving Enugu this morning, I reflected on the last two days. Abuja to Port Harcourt by air, a drive to Enugu, and now back to Abuja by air.
Journeys like this remind me that transport infrastructure is not just about roads, airports or aircraft. When planned intentionally as a multi-modal network, it reduces the cost of doing business, improves the movement of people and goods, and drives economic growth.
The reconstruction of the Enugu-Port Harcourt Expressway has made significant progress, particularly on the Rivers State axis, although some sections on the Enugu side still require attention. At the same time, increased investment in aircraft has expanded travel options and improved connectivity.
Infrastructure creates opportunities. Entrepreneurs should look more closely at Nigeria's eastern corridor, where growing connectivity is opening new possibilities. There is value to be created by solving the region's persistent challenges while taking advantage of its emerging opportunities.
Osita Chidoka
2 August 2026
@winexviv Meanwhile, your Agulu alfa and omega isn't saying that he will bring subsidy back,he is beating around the bush ,jumping from one TV station to another making false claims, quoting false statistics with no knowledge of administration. You guys are so full of hate and bitterness
I give it to El-Rufai anyday! I hope that whatever issue is between him and the president will be resolved someday. This nonsense never happened in his 8yrs as Governor in Kaduna. People should practice their religions privately, not constituting nuisance in the public.
Thousands of Shi'a members reportedly took over one side of the Kaduna–Kano Expressway as they headed to Zaria 1st August 2026, disrupting traffic on a major highway
This is the kind of lawlessness that fueled the tough stance taken by the El-Rufai administration.
No group should be allowed to shut down critical roads and inconvenience thousands of other Nigerians.
Law and order must apply to everyone.
#KemKem